realtor - Capital Area Association of REALTORS

advertisement

CAAR 2014 Leadership Academy

Participants Selected

The 2014 Leadership Development Work Group, chaired by REALTOR® of the

Year Susan Madison, has finalized plans for its 2014 Leadership Academy and recently met to review applicants for the program. Congratulations to the below listed individuals who were selected to participate in this program. The first session begins in January of 2014.

Lori Conn, RE/MAX Professionals

Andrew Cornett, Leader One Financial

John E. Fidler, Heartland Credit Union

Jane Hay, The Real Estate Group

Lori Hammel, Coldwell Banker Honig-Bell

Kassie Kern Furman, The Real Estate Group

Sarah Michelle Quattrin, The Real Estate Group

Tracy Shaw, The Real Estate Group

Paul Smay, C21 Real Estate Associates

Jonathan J. Sturgeon, Bank of Springfield

CAAR Property Search App now available!!!

Now is your chance to see how mobile can help your business. The Capital Area MLS has partnered with Smarter Agent to provide you with a FREE White Label Mobile

Real Estate Search App. The app is available for the iPhone and iPad in the Apple

Store and for the Android in the Play Store (search for the key word "Seehouses").

In addition to the FREE White Label App, Smarter Agent is offering a "Branded App" with a FREE 60 Day Trail Period. With the Branded App all MLS listings will appear with only your contact information, you get all the leads! Use all the application's features as much as you want during the 60-day free trial. Free trial access begins at trial registration and expires 60 days following. You will NOT be charged during your 60day trial period and there is no obligation to purchase the Branded App. After 60 days, the cost is $6.99 a month. . Click the link to sign up for your 60 Day

Free Trial http://www.saoffer.com/sagent/Index.aspx.

A webinar was recently held explaining the new product offering.

December 2013

Volume 19, Edition 228

IN THIS ISSUE

News & Notes,

pp. 2-6

Technology/MIS

Corner, p. 7-8

CREN, p. 8

 Professional

Development, p. 9

Governmental

Affairs, p. 9

Affiliate Corner, pp.

10-12

Membership, p. 13

Capital Area

Association of

REALTORS ®

MISSION

The Capital Area

Association of

REALTORS

® helps its members maintain the highest standards of professionalism and achieve the highest levels of success.

NOTICE

Under the long established policy of the Capital Area Association of

REALTORS ® , IAR and NAR:

1. The broker’s compensation for services rendered in respect to any listing is solely a matter of negotiation between the broker and the client, and is not fixed, controlled, recommended, or maintained by any persons not a party to the listing agreement.

2. The compensation paid by a listing broker to a cooperating broker in respect to any listing is established by the listing broker and is not fixed, controlled, recommended or maintained by any persons other than the listing broker.

OFFICERS

President

Steve D. Myers

President Elect

Michael Buscher, GRI

Secretary/Treasurer

Kristie DeBrun, GREEN , GRI , SFR

DIRECTORS

Kaye Brittin, ABR , GRI

Donald Cave

Joseph Curvey, GRI

Lisa Ernst

Suzie Fessler, CRS , GRI

Sandra Hamilton, GRI

Jane Hay, GRI

Michelle Higginbothom

Kevin Jarvis, SRES

John Klemm

Aaron Sapp

Jerry Skilbeck

Ex-Officio

Philip Chiles, ABR , CRS , GRI

Chief Executive Officer

Daniel R. Sale, CAE, RCE, e-PRO

REALTOR®

Review

NEWS & NOTES

National Firm Cites Demand for Downtown

Residential Housing

A national research firm has completed its analysis of the downtown

Springfield housing market and has determined that there is enough demand to warrant the development of more residential projects with the potential of attracting hundreds of new residents to downtown within five years.

On December 13 th

the Greater Springfield Chamber of Commerce hosted an informational session for developers and financiers with Patrick Bowen, the principal at Bowen National Research Group, the firm which conducted the study for

The Chamber’s Q5 Community Impact Council, in partnership with the Mayor’s

SDAT Action Committee.

“Downtown housing isn’t just about enhancing downtown Springfield, it’s about growing the economy of Sangamon County by helping attract young professionals, enhancing our community’s vitality and increasing our community’s economic competitiveness in the new marketplace,” said Steward

Sandstrom, President and CEO of The Chamber.

The downtown area includes a 0.81-square mile area and is generally bounded by Carpenter Street and E. Miller

Street to the north, 11th and 12th Streets to the east,

East Lawrence Avenue to the south, South Pasfield

Street, 2nd Street and 1st Street to the west. Among the findings, Bowen estimated conservatively that at least 160 units could be developed for graduate students, noting that the likelihood of a successful student development increases if several universities choose to partner on a project.

Overall, downtown could attract residents with incomes that cover the spectrum, from more affordable housing to condominiums priced above $200,000.

“This study proves that investing in downtown is a safe bet,” said Lisa Clemmons

Stott, co-chair of the SDAT Action Committee. “We weren’t surprised at the findings because of the anecdotal evidence we’ve been collecting for over a year.

And now that we have this professional opinion, we as a community should accelerate our efforts to pinpoint and leverage the financing necessary to kick-start residential growth.”

The study included interviews with nearly three-dozen local stakeholders, the second highest number of interviews the company has ever undertaken for a project. The study also included personal visits to 45 different properties on the market in

Springfield and analysis of 200 metrics for demographics, employment, and housing.

The study analyzed other aspects to livability, including walkability (downtown scored very high) and crime (generally similar to the rest of the city so perceptions of high crime in the downtown are unfounded).

(Continued on page 3)

2

REALTOR®

Review

News & Notes

- (Continued from page 2)

National Firm Cites Demand ... (Continued from page 2)

“Increasing downtown housing opportunities will result in a 24/7 environment that is a win-win for people seeking a more urban lifestyle as well as local shops, restaurants, and service providers. Regular foot traffic will support our businesses and attract even more amenities to downtown,” said Victoria Ringer, Executive

Director of Downtown Springfield, Inc.

The study was funded in part by The Chamber's Q5 Strategic Leadership Council as well as the Community Impact Council; by the Illinois Department of

Commerce and Economic Opportunity; and by the Capital Area Association of

REALTORS® (CAAR), who also provided data necessary to complete the analysis.

“Capital Area REALTORS® are involved every day to help their clients realize housing opportunities. Our participation in this study, underwritten by a grant from the National Association of REALTORS®, underscores the importance that we, as

REALTORS®, place on building partnerships to expand housing opportunities for all,” said Steve Myers, President of CAAR.

The full study is available online at www.gscc.org , www.downtownspringfield.org and http://sdatspringfield.com/.

Congratulations to 2014 IAR Committee Members

Congratulations to the below listed CAAR members who have been appointed to

2014 Illinois Association of REALTORS® Committees/Forums. To access a list of IAR Committees and/or Committee members go to www.illinoisrealtor.org.

Each year in the Spring IAR puts out a request for volunteers to step forward to participate on various workgroups and committees. This is your opportunity to get involved, have a say in matters and meet other professionals from around the state.

Shelley Berendt, The Real Estate Group: REALTOR® Institute Working Group

Michael Buscher, The Real Estate Group: Finance Committee; Chair, Leadership

Development Working Group; Strategic Planning Committee

Philip Chiles, Real Estate Group: Chair, Executive Committee; IAR Plaza, Inc.;

Chair, NAR Political Advisory Working Group; Performance/Compensation

Review Committee; Strategic Planning Committee; Chair, Strategic Thinkers

Working Group

Kristie DeBrun, Campo Realty: Business Issues/License Law Forum; Nominating

Committee Professional Development Member Involvement Group;

Professional Standards Committee Spring Conference Working Group

Richard Hanselman, Real Estate Group: Vice Dean, REALTOR® Institute

Working Group

James Kuhar, Real Estate Group: Commercial/Industrial/Investment Committee

(Continued on page 4)

3

Season's

Greetings

We wish you health, comfort, and prosperity this holiday season.

REALTOR®

Review

"Holiday Spirits"

Raffle Raises

$2800 for Boys &

Girls Club

Leading up to and in conjunction with the association’s Annual

Holiday party the Social

Committee conducted a

"Holiday Spirits" raffle to benefit the Boys and Girls

Club. The lucky winner of this raffle received a beautiful decorative sleigh full of alcohol donated by area businesses. Mitzi

Brandenberg (The Real

Estate Group) was the winner of the raffle.

There was an overwhelming response on the alcohol donations with 50 bottles donated in all. Due to the fantastic response several additional drawings were also held for single bottles of alcohol.

Tickets were $10 each or

6 for $50. Thank you to the many individuals and businesses who donated to this raffle along with those who purchased tickets. (See page 5 for list of raffle donors)



News & Notes

- (Continued from page 3)

Congratulations to 2014 IAR...

(Continued from page 3)

Ed Mahoney, Re/Max Professionals: Commercial/

Industrial/Investment Committee

Todd Musso, Wrightsman-Musso: Business Issues/License

Law Forum; Community Development Resource

Working Group

Stephen D. Myers, Myers Commercial Real Estate: IAR

Plaza, Inc.; REALTORS® Political Involvement

Committee

Cindy Nagle, Real Estate Group: Professional Standards Committee

James Pate, Prudential Classic Properties: Business Diversity Working Group;

Business Issues/License Law Forum

Randall Raynolds, Coldwell Banker Honig-Bell: Advisory Council

Daniel Sale, Capital Area Association of REALTORS®: Vice Chair, Association

Executives Committee; Business Issues/License Law Forum; Public Policy &

Government Affairs Member Involvement Group; REALTOR® of the Year

Committee

FREE Homebuyer Education Classes Starting Soon

In conjunction with the Homeownership Coalition for People with Disabilities and

TSP-Hope, Inc. the Capital Area Association of REALTORS® is pleased to cosponsor the following:

January 18 th

- The Home Buying Process

RSVP Required - Call 217.522-7985 (ext. 114). Download the flyer from www.seehouses.com/newsletter.php.

Blast from the Past

We hope you enjoy this month's picture from our association's archives. This month's featured picture is form the Association's holiday party in 2001.

If you have an old picture or comment about a picture please share with us.

(Left to right: Cathy Wagner,

Sandy Skaggs, 1986 Past

President Willard Kennedy &

Kathy Nichelson)

4

REALTOR®

Review

Spirit Sleigh Raffle

Please help us in thanking the following people & establishments for their generous contributions to the "Holiday Spirits Raffle":

Top Ticket Sellers:

John McIntyre & Lorri Conn

(RE/MAX Professionals)

The Alamo

Back & Joint Center, Stephanie Griffiths

Capital Area Assoc of REALTORS, Katie

Connelly

Capital Area Assoc of REALTORS, Dan Sale

Chicago Title Insurance Company, Eric Campbell

Coldwell Banker Honig-Bell, Linda Ratliff

The Creek

Engrained Brewery

Floyd's Thirst Parlor

Hometown Realty, Dana Hudson

Illini Bank, Joy Gilliland

Illinois Real Estate Title, Jennifer Carnduff

Myers Commercial Real Estate, Steve Myers

Office Sports Bar & Grill

PNC Mortgage, Jill Barber-Friedman

RE/MAX Professionals, Sudi Blood

RE/MAX Professionals, Lorri Conn

RE/MAX Professionals, Suzie Fessler

RE/MAX Professionals, John McIntyre

RE/MAX Professionals, Pat Van Etten

The Real Estate Group, Caren Yates

The Real Estate Group, Mike Buscher

The Real Estate Group, Paula Conder

Security Bank, Amanda Ladage/Pam McCormick

Sikich, Taylor Gilliland

Snelling-Chevalier Real Estate, Gail Chevalier

Soccer World, Peter Christofilakos

5

REALTOR®

Review

Holiday Party - December 11, 2013

Sangamon Prairie Reception Center

Light Up the Holidays!

6

REALTOR®

Review

TECHNOLOGY/MLS CORNER

New Absorption Rate and Probability of Selling

Report





Go to Reports > Absorption Rate and Probability of Selling Report

Enter criteria to reflect the type and/or location of properties in which you're interested. Note: There are no date parameters to enter, as the report is designed to automatically search one year back. Click "Search" to generate the

 report.

Sales are broken down into increments of 12, 6, and 3 months. These are compared to the current number of Active listings to calculate a "Month



Supply" for each period, showing any possible trends in that market.

"Probability of Selling" is also calculated based on the number of Sold listings in the last 6 months compared to the number of New listings in the same time frame.

Absorption Rate and Probability of Selling Report

Criteria: | Type: Residential | City: Chatham | Board: CAPITAL AREA MIS | Minimum List

Price: 125000 | Maximum List Price: 150000 |

Closed Transactions in Past:

  

12 Mos. 6 Mos. 3 Mos.

Number of Closed Transactions

Average Homes Sold Per Month

38

3.2

21

3.5

9

3

Currently Active in MLS 11

Month Supply of Inventory To be absorbed IF NO

OTHER HOMES COME ON MARKET

# of closed transaction in Last Six Months

# of New Transactions Placed in MLS last six months

3.4 3.1

21

28

3.7

Divide closed by entered = % of homes that sold

75 % Probability of Selling

 

The report can also easily be exported to a spreadsheet version that also includes the listings that were used to generate the stats. Simply change the display type on the left from "Standard" to

"Excel", and you'll be prompted to open or save the spreadsheet export .

  

7

1st Quarter 2014

MLS Fees

Invoiced

As a reminder, 1st

Quarter MIS fee payments are due January

1, 2014. Balances can be monitored and fees can be paid online at any time via the Online Member

Information / Bill Pay link that is on the

InnoVia home page and is located at https:// mdweb.marketlinx.com/ caar/. For complete list of 2014 due dates go to http://www.seehouses.com/

Portals/0/Documents/

2014feeschedule.pdf

.



SentriLock Tip

Did you know that

SentriLock has a mobile website for managing

your lockboxes on the go?

SentriLock has a mobile website which can be utilized to create 1 day codes, renewal codes, and view access log information. From your mobile phone, go to m.sentrilock.com and log in with the same credentials you would use to login from a computer. The mobile website also allows you to send 1 day codes directly to the recipient via email or text message!



REALTOR®

Review

Office Admin

Workshop

January 17

th

CAAR and the MLS is planning to hold an informative workshop for

Office Staff, Personal

Assistants and

Coordinators on January

17, 2014 from 9:00 -

10:30 a.m. To help us in preparing the agenda and to make this program as useful as possible for the attendees we would like to hear from you. Tell us what topics would be of interest to you.

Attendees will be provided with valuable information and resources to share with their company. Please share your topic ideas with Dan Sale by calling

217/698-7000 or email dsale@caaronline.com.

9:00-9:45 a.m. - Basic

InnoVia Information

9:50-10:30 a.m.-

InnoVia Updates

This program is not limited to staff and is open to Managing

Brokers as well.

Attendees will be provided with valuable information and resources to share with their company. RSVP by calling CAAR at

217.698.7000 or email kconnelly@caaronline.com.



COMMERCIAL REAL ESTATE NETWORK

2014 CREN Luncheon Dates

January 21

February 18

March 18

April 22

May 20

June 24

July 22

August 19

September 23

October 21

November 18

December (none)

Downtown Housing Study to be Presented to CREN

January 21

st

The Commercial Real Estate Network's next luncheon will be held on Tuesday,

January 21, 2014 at CAAR and will begin at 11:30 a.m. Members of the SDAT

Action Team have been invited to attend and offer a presentation of the recent downtown housing study that was performed. Special thanks to Chicago Title

Insurance Company our sponsor for this month. Generally, CREN luncheons are open only to CREN members, however, a special invitation is extended to

REALTOR® Developers that have an interest in this subject. Please RSVP to

Katie Connelly at kconnelly@caaronline.com or 217.698.7000.

8

REALTOR®

Review

PROFESSIONAL DEVELOPMENT

Winter Continuing Education Schedule

Available

Please note that the Winter continuing education schedule will be posted very shortly. It is in the process of being finalized.

GOVERNMENTAL AFFAIRS

Governmental Affairs Update

By Neil Malone, Governmental Affairs Director

How Did You Do (on Your 2013 Resolutions)?

It seems that every December is the same. Amidst the hustle and bustle of the holiday season, and the stress of closing out another year, we usually get a chance to reflect back on the previous year and get an opportunity to look forward to the year to come.

We all make resolutions. We resolve to do something different, or to make an effort to do something better than the previous year. We may try to learn a new skill, or make more money, or take that dream trip, or to join a gym and lose those last few pounds of “holiday weight”.

Last year I asked that you make a critical decision to “resolve to be involved” and many of you took me up on it. Through your time, talent, effort, and dedication, we had an outstanding year. We were involved in shaping public policy in several local municipalities, including Springfield, Chatham, and Rochester. We supported numerous successful campaigns of REALTOR®-friendly candidates, and even helped elect a few new REALTOR® champions to public office. We raised nearly

$33,000 for RPAC and had 12 CAAR members recognized by the IAR as “Major

Investors”. We applied for and received a grant from NAR to help fund a study of the housing availability and market demand in Downtown Springfield. We are seeing many new faces at Governmental Affairs Committee meetings, CREN

Meetings, and other association committee meetings. Finally, the Leadership

Academy is hard at work grooming the next generation of Association Leaders.

If you haven’t taken the opportunity to check this resolution off your list this year, we still have a few days left to make the commitment to serving your association and your industry in the year to come.

If you made 2013 the year that you resolved to become involved, I would like to share my thanks. I look forward to working with you in 2014 on continuing our efforts to (in the words of NAR’s “REALTOR® Party” efforts) Vote, Act, and

Invest for the benefit of property owners and the real estate industry. 

9

CAAR Sponsors

Diamond

Gold

Silver

Bronze

REALTOR®

Review

10

REALTOR®

Review

11

REALTOR®

Review

Last Call for 2014

Investors for

Sponsorship

Program

The Member Services

Committee is issuing a last call for investors who are interested in becoming a CAAR or

CREN Sponsor for 2014.

CAAR and CREN

Sponsors receive an excellent forum to promote your company and its services, a variety of networking opportunities, added exposure on seehouses.com or seebuildings.com and special recognition throughout the year.

There are a variety of sponsorship categories so no matter the size of the company we offer something for any budget.

For additional details and

CAAR Sponsorship agreement go to http:// seehouses

.com/AboutCAAR/

Sponsors/

AdvertisingSponsorshipO pportunities.aspx. For questions concerning this program please call

Dan Sale at 217.698.7000 or email dsale@caaronline.com.



AFFILIATE CORNER

Wine Down With the Affiliates

Wine Tasting and Table Top Event (Jan 16th)

An invitation is extended to you from the REALTOR® and Affiliate Committee of the Capital Area Association of REALTORS® to join them for a special event scheduled for January 16, 2014 from 4:00-6:00p.m. Our Affiliate members will be tables and will be available to discuss their services with you and wine tasting will be offered. To RSVP for this FREE event please call the Association at

217.698.7000, fax the registration form to 217.698-7009, email kconnelly@caaronline.com.

SPONSOR CORNER

This CAAR "Sponsor Corner" section is available to all sponsors to promote an upcoming event one time per year. We are also happy to promote the event in our e

-bulletin as well with a link to your event flyer/info. This is all subject to timing and it is suggested that for the best results you contact us a minimum of 45 days prior to your event. This will ensure that we can afford you the best possible exposure. "Promotion requests" should be sent to knichelson@caaronline.com.

Please feel free to direct any questions regarding this to my attention or Kathy

Nichelson's attention.

IN THE...

CAAR Sponsors:

Advertise your upcoming event here!

“Promotion requests” should be sent to knichelson@caaronline.com. Please feel free to direct any questions regarding this to my attention or

Kathy Nichelson’s attention.

SPOTLIGHT

12

REALTOR®

Review

MEMBERSHIP NOTES

New Members

The following individuals have been approved for membership in the Association, subject to completion of Orientation were applicable:

Designated REALTORS®

Wesley McConnell Whitetail Properties Real Estate, LLC

REALTORS®

Robert Nevill

Blake Pryor

Full Affiliates

Brad Wike

Terry Wilhite

The Real Estate Group

Coldwell Banker Devonshire Realty

Peerless Cleaning & Restoration

Ridgeline Complete Home Inspection Company, LLC

Broker

Outreach

November 21, 2013

Newsletter Inserts

Flyers referenced in this newsletter and listed below may be downloaded at http://www.seehouses.com/memb/newsletters.php

Inserts



2014 Fee Schedule



Office Admin Workshop



Smarter Agent Flyer



Wine Down

Frequently Used

Phone Numbers:

Capital Area

Association of

REALTORS 7 :

Phone: 217/698-7000

(centrex) 8000

Fax: 217/698-7009

(centrex) 8006

Websites:

www.SeeHouses.com www.SeeBuildings.com

Illinois Association of

REALTORS 7

Phone: 217/529-2600

Fax: 217/529-3904

REALTOR 7

Store: 800/529-2696

Member

Line: 800/752-3275

Website:

www.illinoisrealtor.org

National Association of

REALTORS 7

Phone: 312/329-8200

Fax: 312/329-8576

Website:

www.realtor.org

Office of Banks and

Real Estate:

Phone: 217/782-3414

SentriLock:

Phone: 877/736-8745 support@sentrilock.com http://lockbox.sentrilock.com/

MarketLinx :

Phone: 800/334-0831

13

REALTOR®

Review

C A L E N D A R

AT A GLANCE

December

24 Christmas Eve - Assoc Closed

25 Christmas Day - Assoc Closed

31 New Year's Eve - Assoc Closed

January 2014

1 New Year's Day - Assoc Closed

1st Quarter Fees Due

Workshop 8:30-3:30

9:00

Finance/Exec 10:30

Mixer 4:30-6:00

10:00

16 Office Admin Workshop

Affiliate Table Top & Wine

Event

9:00

9:00

4:00-6:00

20 M.L. King Jr Day - Assoc Closed

ANNOUNCEMENTS

The association wishes to extend its deepest sympathies to

REALTOR® John B. Clark , his son REALTOR® Jay Clark and his daughter REALTOR® Dawn Clark Mason (The Real Estate

Group) on the recent loss of John B's mother.

The association wishes to extend its condolences to Past President and former member Phillip Gebben on the recent loss of his wife.

CAAR Holiday Hours

Please note that the CAAR office will be closed as follows for the

Christmas/New Years

Holiday:

Dec 24th - Closed

Dec 25th - Closed

Dec 31st - Closed

Jan 1st - Closed

Best wishes to you and your family for a joyous and happy holiday season!

21-23 IAR Public Policy Meetings

February 4

8:30

9:00

Finance/Exec 10:30

9:00

Capital Area

Association of

REALTORS

7

3149 Robbins Rd.

Springfield, IL

62704

217/698-7000

Fax: 217/698-7009 www.SeeHouses.com

CAAR MONTHLY REPORT

Time Period

Listings Processed

Single Family Residential

Nov 12 Nov 13 YTD 12 YTD 13

Units Sold

Dollar Volume

36,528,708 31,927,989 434,003,649 450,554,854

Ave. Sale Price

Time Period

Listings Processed

130,460 116,952 133,008 129,555

All Property Classes

Nov 12 Nov 13 YTD 12 YTD 13

Units Sold

Dollar Volume

41,942,757 34,543,389 490,919,437 487,123,172

14

Download